In a bid to reduce the high unemployment rate
in Nigeria and also increase the luxury standard of the populace, Swiss
Ulysse Nardin is set to begin the training of youths in the country in
the art of whist watch making and repairs.
Ulysse Nardin CEO, Patrik Hoffman
In a conversation with Naij.com, Nardin said the training which is
in partnership with Zakaa Luxury, would emphasize on capacity building
and also pass on the art of wrist watch making to teeming youths in
Nigeria.
In a similarly, Deremi Ajidahun, the chief executive officer of
the, Zakaa Luxury, said that in addition to establishing a Ulysse Nardin
Boutique in Abuja, which is the first in Africa, is a big statement in
itself, the partners believe in giving back to the community through the
training of youths in the art of watch repairs and watch making.
Nardin has a long, rich history, full of craftsmanship and
tradition; with the partnership it signed for the 45th America’s Cup
with Sweden’s sailing team, Artemis, Ulysse Nardin hopes to be one of
the leading Swiss watch manufacturers in the next five years.
Recently, the National Bureau of Statistics (NBS) said the
unemployment level in Nigeria has increased to 9.9% in the third quarter
of 2015. This, experts say is due to factors such as corruption,
unstable electricity supply, over dependency on crude oil and non
diversification of the economy.
During the presidential campaigns earlier this year, President
Muhammadu Buhari and the All Progressive Congress (APC) said the present
administration would pay the sum of N5,000 each to all unemployed
graduates in the country.
Also, the acting director general of the National Directorate of
Employment (NDE), Olakunle Obayan said the federal government will soon
begin the registration of unemployed youths ahead of the payment of the
planned N5,000 as social security stipend.
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